Invest in ETF

Dear Mr. Tan,

I would like to invest in ETF over a period 10 years. Is it a good time to do it now?

REPLY

I think that this is a good time, even though there is still some uncertainty. The market has corrected to a satisfactory level. If you wish to invest a large sum, break it into three portions to be invested over the next three months.

I observed that during the past few days, the spread in the STI ETF has narrowed down to less than 1%. It is a fair spread.